@Appleman wrote:Another CLD. Was at $35,500, this was achieved via account combination. Also, had a recent fraudulent charge on an AU's card that was in my possesion during the fraud.
Luckily Cap1 caught is quickly and issued a new AU card. When I was using the chat feature to active the AU card I requested the decrease to $25,000. They immediately decreased my CL and told me to have a nice day!
As I begin my consolidation strategy, I could not think of a reason to keep the higher CL.
Not qute clear on something: Was the $35.5K card and the AU card the same one you took the voluntary CLD on---or were there 2 different cards involved? If so--what did they decrease the $35.5K card down to?
BUSINESS 
@go_FICO_self wrote:
@Appleman wrote:I am the primary card holder and my daughter is the AU. The fraud was on my daughter's card and she had not been in position of that card for 6 months. Her card number was used online but at a Wal-mart that is not too far away. Capital1 cancelled her card and sent a new one in the mail.
I had pushed to limit to $35.5K by combining a venture card into my QS. So, when I used the Chat feature to activate the AU card, I decided to reduce the credit line to $25,000. The Cap1 has been a great card but is not a daily driver. Thought I would get ahead of any potential CLD and bring the limit down that does not see much action.
To wrap it up, I decreased the limit to a more modest $25,000 from the $35,500.
So, why are you posting this on a thread titled "CLD from Cap One"?
I think you're confusing people more than you're helping.
I think what he's suggesting in a round about way is for people with $30K + CLs to take the CL down to something more sensible to match your usage voluntarily instead of letting CO do it for you--otherwise you won't be able to pick how much of the CL you wish to keep.
@go_FICO_self wrote:
@Appleman wrote:I am the primary card holder and my daughter is the AU. The fraud was on my daughter's card and she had not been in position of that card for 6 months. Her card number was used online but at a Wal-mart that is not too far away. Capital1 cancelled her card and sent a new one in the mail.
I had pushed to limit to $35.5K by combining a venture card into my QS. So, when I used the Chat feature to activate the AU card, I decided to reduce the credit line to $25,000. The Cap1 has been a great card but is not a daily driver. Thought I would get ahead of any potential CLD and bring the limit down that does not see much action.
To wrap it up, I decreased the limit to a more modest $25,000 from the $35,500.
So, why are you posting this on a thread titled "CLD from Cap One"?
I think you're confusing people more than you're helping.
I think what he is suggesting in a round about way to help people with $30K + CLs is to voluntarily reduce the CL to something more sensible to match the usage rater than let CO do it for you---otherwise you may not get to choose how much of the CL you can keep.
@go_FICO_self wrote:
@Credit-hoarder wrote:
@go_FICO_self wrote:
@Appleman wrote:I am the primary card holder and my daughter is the AU. The fraud was on my daughter's card and she had not been in position of that card for 6 months. Her card number was used online but at a Wal-mart that is not too far away. Capital1 cancelled her card and sent a new one in the mail.
I had pushed to limit to $35.5K by combining a venture card into my QS. So, when I used the Chat feature to activate the AU card, I decided to reduce the credit line to $25,000. The Cap1 has been a great card but is not a daily driver. Thought I would get ahead of any potential CLD and bring the limit down that does not see much action.
To wrap it up, I decreased the limit to a more modest $25,000 from the $35,500.
So, why are you posting this on a thread titled "CLD from Cap One"?
I think you're confusing people more than you're helping.
I think what he is suggesting in a round about way to help people with $30K + CLs is to voluntarily reduce the CL to something more sensible to match the usage rater than let CO do it for you---otherwise you may not get to choose how much of the CL you can keep.
1. just because his limit isn't decreased so far, doesn't mean it won't get the axe. these are coming on slowly.
2. he started his post 100 with "Another CLD." It wasn't. and it was confusing.
3. You replied to THAT post with "Not qute clear on something: ..." so you were confused. which is what I said.
so, why are you arguing with me now?
Not arguing--MY only confusion was about how many cards were involved-hence my asking the qiestion for clarification. But what he did with the AU card can be taken as a good suggestion to anyone with a $30K + CL.